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to prevent one today. put the economy in terms we noneconomists understand. it's like a car. >> to return to the driving analogy, if the incoming data supports the view the economy's able to sustain a reasonable cruising speed we will ease pressure on the accelerator by gradually reducing pace of purchases. >> not put on the brake but was ease off accelerator. the fed has been buying $85 billion a month in bonds. that money rushes into the economy, fueling a huge rally in stocks, huge rally until this week. it keeps interest rates low on your home and car loans. but investors are nervous that tapering, taking the foot off the gas, will end the big gains. just the fear of ben bernanke easing up on the gas pedal sent the dow down 500 points wednesday and thursday. regardless if you own any stocks, your money is on the line. terry sav itch, author of the savage truth on money, chief investment strategist, welcome to the program. you say all of the worrying about when stocks will pull back is a good thing. explain. >> well, i'm not saying that it's a good thing for your psyche to be worried a
to the world economy. >> at the summit the g8 leaders issued a cautious assessment of the global economy. in a statement, the g8 warned that, quote, global economic prospects remain weak. though downside risks have reduced thanks in part to significant policy actions taken, unquote. in the u.s., the euro zone and japan. they depicted 2014 as a quote unquote difficult one with the euro zone in recession and the american economy still hampered by high unemployment. china did not participate in the discussions since china is not a member of the g8 although japan, its neighbor, is. >> why are the economies around the world slowing down. >> because the economies around the world have accumulated too much debt and they don't know how to get the economies moving again. china's growth rate is down to 6 or 5%. no one knows where it's going. exports within the european community are dropping all over the place. virtually every european country -- look at the unemployment rate in spain. it's 26%. you look at italy, france and spain, they're all cass -- basket cases. they have a debt to retail. just
people, is this fundamental? is this is there wrong with the economy? so many people came back to me and says, it's hedge funds taken out, they want to lock them in, they're resetting, moving to cash, resetting, and it's going to be temporary. so it wasn't nearly as scary and it really was hedge funds, that fast, short-term money. not the long term, people. >> so ben bernanke didn't say we're taking money out of the economy, we're putting on the brake. he said sometime in the future, when the unemployment gets to 7%, we will slow down on the accelerator. >> it's exactly what people wanted them to do and it's exactly how they should do it. give them lots of time to adjust, lay out the framework, give them exact details. this is when we think we're going to do it, we're going to do it gradually. and if the economy weakens, we're going to get back in and make sure it's okay. >> ben bernanke says the fed will pull back stimulus measures as the economy improves. that is a good thing the fed chief is giving a road map for that. that means the u.s. economy can stand on its own. that means t
companies that are part of a share economy, get more people involved in the economy in general, and creating ideas about how people can participate. we came across a very great idea that as we go through more exercises in our disaster preparedness, ann and her staff have been great at that. in fact, the last one i kind of had fun in, how do we feed 10,000 people in the middle of the tenderloin in a major erredthtion quake disaster. we walked through that. we saw how meals are served. we tried to do it in the proper way. ~ earthquake we know we're going to need a lot of help. the main message that we wanted to have was after a disaster hits, we want the message to be out before disaster, during a disaster, and right after, that we welcome everybody to participate in our recovery. and the best way to recover quickly and faster is we engage everybody immediately about how we can help and assist each other. and that's partly a philosophy of the sharing economy as well. and whether it's a need for space, people need to have space as they did in the aftermath of hurricane sandy, or now in oklahoma
on whether the economy continues to improve. gone in two days were was last two months of gains in the stock market. for the year stocks are up more than 12%, even if a lot of us have doubts about the health of the economy. >> unemployment needs to be fixed, housing market. >> i'm worried about the economy. >> reporter: what is next? the year is almost half way down. corporate reports will come out soon and experts are nervous, housing recovery, mortgage rates are inching up. >> these stocks will be volatile until we get clarity on what the feds are doing. >> reporter: there is no shortage of opinions even inside the fed itself. jim bullard said the bond buying was inappropriate time. >> i think the fed was purposely trying to take air out of the housing market and stock market. they don't want the stock market going up 20% every six months and house prices rising 10% year after year. >> reporter: they took bernanke at his word, the economy is recovering and a policy charge is a short-term shock to the system. >> we're babying, over medicating this economy. this economy is like a 12-year-old
and any type of economic activity spreads through the entire economy. it is a great example of everybody working together. city economic development is the engine of our nation and we need to provide an environment with start ups that can flourish and if we do that, all the the grid lock in washington, our economy will grow. i would reach to everybody to remember that everybody has problems, every government has problems. when you look at america, we've had 235 years of dysfunction and it's doing well so far. maybe it comes with the territory. san francisco has shown how government can function and the citizens of san francisco and the whole region are benefit ting from it. we've had something like a 30 percent in tech growth. this is what we call the big app instead of the big apple. in the next decade the capital will continue to grow. last year it was like a hundred new york city based companies that acquired $1.8 billion. it's just the beginning. if you think about san francisco and new york, the future couldn't be brighter because tech business is where the business is where people
, but the way they're doing it, i have a big worry about how it will affect the economy. and to hear the cbo which i call the congressional bull crap office with their numbers say it will help the economy and they say it will help the economy and help the deficit, i don't think so. >> hard for me to believe that, too, charlie. every time the cbo scores something and all of these things where we spend trillions of dollar, somehow we save money at the end, just baffles me. >> like obamacare. >> exactly. >> i'm trying to think of an anti-union angle here. i mean, i want to correct ben on one thing. he made the point before that immigration is basically to to meet demand for labor. not to drive down the cost of labor. so -- >> among other things. >> what's odd about this is that we don't have a demand for hard labor. and they're still thinking about bringing people in. and this is what i don't get from the left. they say they're for the poor and everything, to give benefits out. and basically help the poor. this doesn't help the poor, this hurts the poor. it drives down the base wage rate. >> it
employment gets down to 6.5% and once you start seeing the economy get better, more people going in the workforce, it will take a while before they raise rates. >> but this has been a bond buying binge. if it stops, if the fed pulls back, isn't that a sign that the economy is improving and isn't that good for the market? >> brenda, i think you're absolutely right and it's a return that we can rely on. the fundamentals of the economy, you have the jobless rate being reduced, you have housing up and you have corporate profits an all time high. so i think it was an indication by bernanke that we are seeing these indicators and these good forecasts and that please look at this because we may -- if we hit 7% unemployment, we may start ultimate putting on the brakes as it relates to easy money, if you will. >> john, is this a bubble about to burst? are we about to see what happens to the housing market? >> no i think what happened is a bubble was starting to form because of the low rates. the market was getting ahead of the real economy which is still a little lackluster in a lot of ar
an immigration system in our country that meets the needs of a growing economy, the biggest economy in the world that focuses on making our country stronger, not weaker, and hopefully will put this debate behind us. so i yield the floor. >> yield for a question. first could i say all of us who have had the honor of working with you and the senator from north dakota greatly appreciate the work that you've done. if there is going to be a broad bipartisan support for the final product it will be because of what you and the senator from north dakota have done. and i'm very, very grateful for that. and i think that it is important wouldn't you agree that people understand that this is a very tough bill. and it required a lot of cooperation from our friends on the other side of the aisle to go along and agree with this. i think that they've shown a great deal of compromise in order to reach this point and agree with us on this legislation, which clearly we need bipartisan support for. but i would like to ask the senator again for a couple of specifics. because i think it is important we understand how
of the city's economy that all city of san francisco benefits. all of the people who ride these buses are really benefitting everybody because they are not out on their own vehicles in the road causing pollution and congestion. they are getting around san francisco in the cleanest way possible and really contributing to what makes the economy strong. we are super excited about these vehicles for us and for our operators and mechanics and they are really a great benefit for all san francisco. i want to acknowledge some people. i have been a member of my board of directors, my bosses, chairman to director jerry lee, ramos, i don't know if anybody else is here. mohammed the director of public works and we are going to hear a little bit about how these buses are part of the public space. just like these are clean, we want to keep these clean. the buses here from input, from our operators, transit workers union local 258. the san francisco transit riders union. the mta advisory committee. a lot of folks working together, our fleet engineers, mechanics, supervisors, operators, most of whom
a whole bevy of coming in this economy that affects the management and the host company that is start ing in san francisco that want to plan with us and not wait for a disaster to hit and then find out that we could have accessed many people. that is helpful for the mayor to search for more partners and get ready and be more excited about recovery. when you look at what happened in new orleans and all the victims of tornados. they always tell you they could have been more ready for this had they engaged people ahead of time. this is what we are doing to improve these changes. if the economy gets hit by a major earthquake, that's an incredible hit to the rest of the country. we have to invest a lot more. that is one example of how we can use a lot more technology companies helps us with things that have challenged our cities. >> the likelihood of an earthquake is less than out here, although i have lived in city hall, working there one day when the building actually shook. it was the first that i noticed. everything did shake a little bit. it wasn't particularly frightening. right now we a
and as the economy is growing and we lift all through the economy. and ways to have programs that reach into the community that provide opportunity for young people. and to have appropriate housing, that's something i am committed to. i want to hear your ideas of how to do that and strengthen the efforts. last year in district 11 we were able to fund projects for the parks and safety and to beautify the environment. and we had projects for young people as well. i want to grow in the commitments we made last year. we know the best way to support our young people with opportunity is to provide jobs for them. i am looking forward to see how to accomplish that with the mayor and my colleagues from the board of supervisors, thank you. >> thank you, supervisor avalos. i am mark farrell, i am the supervisor from district 2 and i am the chair of the budget committee. and it's an honor to be here with the mayor and supervisors. my priorities is to have an open and transparent budget process, that's why we are here. we are doing six of these town halls and we want to hear from each of you. and se
economy every day. my organization and employees are excited by the 5.4 unplug and write and excited about the new businesses coming in ,in the ideas of expanding open space, around civic center and -- plaza. what i'm deeply concerned about today and what i want to speak to you about is why we're moving forward with the new economy, and moving forward with tech and business coming back, and concern about the most vulnerable san franciscans. one bedroom apartment is averaging 3,000 a month. median income has reached 77,000 here in san francisco. i'm concerned about the draconian cuts put forward by the department of health that will hurt many of my employees who rely on the systems of care of their own welfare for them and their families. i am concerned about the workforce system that is not addressing individuals with huge implement gaps. there is innovation being put forwardboth to the mayor's office from the various groups to reform the work for system; there are new ideas on how to get homeless individuals back to work. these are expensive options. i hope that in the age of inno
university, about the state of the u.s. economy. later in the program we will be joined by a matthew segal. he will be here to talk about issues important to young americans. you are watching "washington journal." we will be right back. ♪ >> when you talk about transparency to the american public, there is -- you are going to give up something. you are going to be giving signals to our adversaries as to what our capabilities are. the more specific you get about the program, the more specific about the oversight, the more specific you get about the capabilities and successes, to that extent you have people sitting around saying, "ok, now i understand what it can be done with our numbers in yemen and in the united states and consequently i am going to find another way to communicate." there is a price to be paid for that transparency. where that line is drawn, in terms of identifying what our capabilities are, is out of our hands. if you tell us to do it one way we will do it that way. there is a price to be paid for transparency. >> robert muller makes his last scheduled appearance before
it is going to affect the economy. to hear the cbo, congressional bull crap office. [ laughter ] >> they say it's going to help the economy and help the deficit, i don't think so. >> charles: it's hard for me to believe that. cbo scores something and all these things we spend trillions of dollars but somehow we save money. >> it's like obamacare. i'm trying to think of an anti-union angle here. >> i mean i want to correct ben on one thing. he made the point that immigration is basically to meet demand for labor, not to drive down the cost of labor. what is about this, we don't have a demand for labor, for hard labor. they are still bringing people in. i don't get it from the left. they say they are for the poor and everything to get benefits out basically help the poor, it doesn't help the poor, it hurts the poor. it drives down wage rates. >> actually, if you look at the cbo report wages will drop slightly for lower income americans and higher for middle, middle group that won't have a negative wage impact. i have the union argument. if you unionize mcdonald's prices will go up if the wages
, thank you. >> a little background on brazil. it's one of the world's largest economies coming in as number six. it was ninth in gross domestic product, it's expected to grow a 4.2%. inflation is up at 6.7% for the past year. rising rate fueling concerns there may be a another round of interest rate hikes. poverty rate stands at 21.4% with more than 41 million people considered poor. we will continue to follow the unrest in brazil. coming up later this hour, rick grenell the spokesperson for the last four ambassadors to the u.n. he will join us live. >> gregg: immigration reform is debates the turn in spotlight. next week on capitol hill, but can u.s. scenarios behind the bill actually gin up enough support for its passage. elizabeth plann has the story live from d.c. bureau. >> the immigration reform bill starting to take shape in the senate while republicans in the house continue to form what they think is a solution. just as the president says it's a pathway to provide citizenship for folks that wanted to come here and stay here legally while bringing relief to a struggling
and the effect on the stock market in t e we have to ask ourselves this economy ready. therthey see bernanke steppi bak saying it will not happen immediately but it is going tt happen. it has the investors very concerned. charles: and economy bumping along at 2% per year, is it worth it? >> we should not lose sight of the fact ben bernanke, is reected the most basic level the economy is improving. we are not facing the crisis we have faced for so many years now. reacting to what the meanings of these things are, but i choose to see it as the cup half full, getting the worst behind us. which is very encouraging news. charles: at them, what do you make the idea of the stock market should come down ha and fast what is suppodly good news. >> veryone who is in the market has to choose what it is they are interested in as an invest please send i am an investor. i don't carehat happens today or yesterday with my personal investment in the way i approach the market, that is somebody else's problem. those people i am not saying they'rr using poor judgment or acting irrationally, i choe to understand
in the largest wely gain in four years. the sooner the fed pays it out, presses on buying. hurting the economy more than it has helped. editor-in-chief steve forbes, great to have you with us. qe appears to be at an end, sort of. $85 billion continues, the rates are moving higher, so that will be problematic. your thoughts on the timing on all of thisy the fed chairman. >> three years late, better late than never, what ben bernanke has done inadvertently this make it easier for the vernment to deficit spending, get back on their feet, issue newonds but for the rest of the economy, smaller businesses like with what they said in russia, health care is free but you can't get any. they a thehe job creators, they are hurt by what bernanke did. not much left for the small guys. lou: a lot of lilimited government, some of them are anti-fed. oh, my gosh, we cannot conclude it a $5 billion per month. i do not like what he has done, bbt don't let him reverse course here. there is a chorus of hypocrisy in pleading for more punch bowl, please. >> it is hard to give up when you have it. bernanke will not d
would scale back the stimulus program which has helped fuel the stock market church. >> if the economy is able to stay in a reasonable cruising speed we'll ease the pressure on the accelerator by gradually reducing the list of purchases. >> it's a luxury problem to have when they say they don't need stimulus anymore. >> a slowdown in china's economy also has investors worried that chinese consumers won't be able to buy as many american goods, but analyst ben willis sees an opportunity in the falling stock prices. >> you should be buying your equities in the same way you're going to the supermarket and buying things on sale. >> the scaled back stimulus is pushed mortgage rates up, but that's not necessarily bad news for the housing market. >> a lot of people have been on the side looichbs waiting for whatever reason but they've decided rather than wait for the rates to gown further, they're going to get back in the marketing. >> it will be scaled back gradually only if the economy continues to gain speed and the job market improves. >>> let's talk more about the markets with lauren lyst
, and the future in 30 minutes. talking about how you size up the economy today, how we got into such a bad place in 2008, and what economic policy makers need to do next. i would like to start talking about the present. how do you assess the global economy and the u.s. economy, and the extent to which there is any momentum or possibility for faster growth? >> basically, i would describe both the united states and the rest of the world as being in a sluggish environment where effective demand, if we can use that old-fashioned term, is inadequate to galvanize the system in the growth. yet there is not enough downside weakness to create any significant short-term changes that i can see. there are very huge imbalances out there. what i find startling is there are so many things -- which nothing is happening. for example, the european central bank had this huge trillion-euro rise a couple years ago of the assets in their balance sheet. then it came down a little bit. and for the last several months it has been absolutely flat. in other words, the extent to hich nothing is happening. it is just not cr
's exactly what wall street feared when the chairman of the federal reserve said that the economy had improved enough for the fed to ease back on one of its stimulus programs. the dow lost 559 points in the two days after that announcement. it stabilized today, gaining 41 points. it's not just the stock market. anthony mason tells us higher interest rates are also affecting the housing market. >> one of the things i love about this house most is the kitchen. >> reporter: in dumont, new jersey, 30-year-old jeremy mcdonald decided he couldn't wait any longer to jump into the housing market. >> and now, you know, that the prices are starting to trickle up a little bit, it's a good time to get in there because i know the market is not going down anywhere. >> reporter: realtor kelly weber said in the past few months it's suddenly become a sellers' market. >> they're starting to get over asking prices. >> reporter: weber says two forces are combining to drive up prices. >> inventory is low and you have buyers wanting to get in before the rates start creeping further up which is creating thi
costs, grow our economy, create jobs and stabilize our fiscal health, this year i'm proposing a budget that protects our social safety net, one that increases public safety, and one that invests in our city's infrastructure at unprecedented levels. and it is a budget that significantly grows our city's reserves. this budget is being delivered as san francisco's economy is recovering, going, and moving in the right direction. and san franciscans are getting back to work. in fact, our unemployment rate has dropped, as you all know, from 9.5% in january of 2011 to an astounding 5.4% just last month. (applause) >> i know, i know it has -- it has not been easy. we've had to work hard with our health services system, our care -- our health care providers, and labor to reduce employee health care costs. and because of our collaboration, we will now save $52 million over the next two years. and we've made tough but necessary choices on everything from escalating pension costs to reforming our unfair job punishing business tax. we've injected a healthy dose of fiscal discipline with two-year bu
constituents have made it clear time and time again that we must make us work together to grow the economy. once again, republicans refuse to listen. instead, we are debating legislation that endangers women's health and disrespects the judgment of american women and their doctors on how to make judgments about women's health. this bill would deny care to women and the most desperate of circumstances. it is yet another republican attempt to endanger women. it is disrespectful to women, unsafe or families, and unconstitutional. at the start of the congress, the republicans take great pride in reading the constitution, but then they proceed to ignore it. one example is this clearly unconstitutional bill. they claim to reduce the role of government, except when it comes to women's most personal decisions about their reproductive health. leading medical experts believe this legislation is dangerous and wrong. that is the message we have seen from doctors and health- care providers who point out that this would put medical professionals in the untenable position when treating women in need -- w
our budget to reflect the needs of every neighborhood in the city. and you've heard that the economy looks a lot better; there's a lot of other companies that want to move here. unemployment rate has dropped to 5.4%, we are on a good roll in terms of employing more people. resources are up. we are not completely over the deficit that we're facing with the next two years so we have to do some decision-making. the other thing that the board of supervisors is doing with as is, the reason why we hold these meetings out here is because we want to do as much preventing of arguing among ourselves about what the priorities are in the city. we do still a little bit of that. it is nice to have the import of the public to guide us so that we have less arguments and more about building consensus of what's important in the city. the other thing that we are doing together is already evidenced, is that we're making sure that job creation reaches everybody in the city so this summer we are going to create together with the departments in the private sector, 6000 paying jobs for our youth. abou
and it makes the economy groechlt they say we are safer here. i continuing is an embarrassment and sends a message around the worl that the champion of liberty is move nothing the wrong direction and a bad step for the united states. >> steve, isn't there a danger of sitting back and letting the government decide? >> one of the legitimate functions of government is protecting us from external enemies and the constitution was written by framers who understood that governments that protect you can abuse you. take it out on the government. rich hit on something. if the company has in writing a certain order or request, and the statute is cited, the company is obligged to do it. if you don't like the law change the law. >> we want to stop the bad guys. companies can stop the government saying we are getting a ton of lawsuits on our doorsteps and in india, they are allowing tax officials with access to google and facebook data. >> the irs is different. >> india is pressuring to have government officials on-site at research in motion. >> by the way, hold on a second sabrina. why is the irs dif
not a lot of people who wanted to take down dams. with the bad economy there is not a lot of money to pay for it. this project is goingó[ to jump-start this movement again. it's closely watched by engineers andçó biologistshnoun the country. >> it'st(çó obsolete.é@ if you have an old car or "tclding, after a while there is only so many times you canqxd k fixing it before you need to buy a new one. this dam was built when warren g. harding was president, 92 years ago. overtime the dams silt up behind them. that comes down thejf river and help replenish beaches gets stuck and the water gets fullq up. this reservoir!u is 95% full. a bunch of dirt and filled it almos4ñá alljf the way on and t ont( the water, you only store bit of water. it's useless. statet( engineers said in an earthquake it could collapse. if it collapsed, the amount of mud and sand behind that can fill 250,000 dump trucks. it would kill everything in the river and take out about 1500 houses. >> how are they going to get rid of itfá all? >> it's lpÑiinteresting. th the bottom withxd dynamite andw press the plun
. >>> how would you grade the economy? if you don't have a job you might give it an f. if you're in the stock market you might get it an a. what do the financial experts think? we'll find out. cnn's christine romans this week, smart is the new rich. >> summer is here and stocks are in turmoil after a 13% gain this year. unemployment is still too high. investors are making a fortune in housing but nearly 10 million people owe more on their mortgage than their home is worth. there are a rash of statistics to measure this recovery. let's look at this way and give it a good old fashioned letter grade starting with a man whose firm manages $2 trillion. >> i would give the economy a b to a b plus. it is getting better but not fast enough. >> reporter: he buys and sells bonds. these guys are real estate tycoons. >> i'd say it's a c plus rnkts what do you think, mort? >> c plus. >> reporter: here is a harvard professor. >> i think b plus at this point. we should be creating way, way more jobs. >> reporter: the view from the stock market? >> i think b minus. the economy has held up wel
rates near zero forever? at this point you are trading off this much improvement in the economy versus this much distortion of every kind of asset class investors have a choice of. it is ti, isn't it? melissa: that is not really what we're talking about. we're talking bu with the chaos that ensued this week. for ample, let me play the sound bite prident obama basically fired ben bernanke e d charlie rose. we will get both your reactions on the other side. president obama: i think ben bernanke has done an excellent job. he is like fiv bob mueller. he stayed a lot longer thane wantedr he was supposed to. but if he wanted to be reappointed, you would reappoint him? president obama: he has been outstanding partner along with th white house melissa: what? that is nottreally a ringing endorsement. that is like somebody saying how is your husband? that is like somebody saying he has been outstanding partner until now. >> anybody can be a loose cannon, it is just odd is the president of the unit states? melissa: was tt a loose cannon? >> he is not going to jackson hole, that was a little odd.
>> talk about how you're going to turn the economy around. >> adios. >>. ♪ >> oh, sometimes i wish i was on the same stage with those guys. no, i'm not running. but i love to talk about them. here he is, again, he's back at it. slick rick perry. the governor of texas. it is all hat and no cattle. just wrapped up a five-day poaching tour for jobs in the northeastern portion of the united states. now, how many liberals are up in the northeastern portion of the united states believe a texas brain drain here. the texas brain wizard planted his cowboy boots here in new york city and in connecticut across the river hoping to rope in some business leaders to taking jobs to the lone star state. the governor's main message, very simple. no regulation and no state income tax. sounds really good, doesn't it? perry even put together this web video slamming new york and talking up texas. >> if you just took the book of rules and regulation in new york state. 49,000 pages and one reason small business owners tell us that new york is such a hard place to do business. >> a lot of the business owners
resources on regulatory adventuring. applyingu reframe from the monopoly to our economy. you've been criticized for suggesting that the f.c.c. uses de facto regulation or at a minimum of underscoring its ability to do so. i hope understand when a chairman is tasked with executing the law discusses using a backdoor to imposing a new regime and skirting the regulatory authority issue. congress never intented for the review authority to be used as a backdoor policy making tool that lacks transparency and review. we already have too many federal agencies carrying out too many agged the d.a.s. third, be a visionary. you have seen firsthand the power of the internet. there's no debate where our current telecommunication laws if they were written in 1992, 1996, or 1934, where consumers can choose from multiple wire lines. none of them did. in fact, all of our laws deserve to be reviewed and brought into our era, reflecting not just today's reality but a allowing for today's advances. i invite you to share your ideas reguaranteing statutory modernization. i know many members have been able t
to be successful and in this marketplace. this global economy. >> the ceo and president of project lead the way is challenging americans to work collectively and in helping students excel in science and math. >> there are so many opportunities available for our students. if they understand what is necessary for them from a skills perspective. so what we do is we teach students how to apply math and science in rigorous way. >> with a background in urban technology he believes project lead the way is a gateway to helping impoverished kids. >> i grew up poor. and -- you know, i -- i remember, you know in high school, when i would drop out as a sophomore. i just remember the people that were so influential for me and in helping me understand that there was a better future. the worst thing that we can do for our children is to have low expectations. and not believe that they can succeed. in fact, they can. >> how can you change to make it better? >> awesome. think about how you can make it better. >> based on his own life experiences, he believes there's hope for every student from all background in
legally while bringing relief to a struggling economy. >> this bipartisan common sense bill will help the middle class grow our economy and shrink our deficits by making sure that every workinger in america practice plays by the same rules and pays taxes. >> senators introduced a bill that would bolster border security. the measure includes 700 miles of fencing along the u.s.-mexico border with the addition of tens of thousands of border agents. it also enforces a nationwide everify system and needs to be in place before illegal immigrants can apply for green cards. with all the support it has, there is still no guarantee this will fly through the senate before the fourth of july recess. >> this current bill is a mess. it is repeating the same failed pattern we saw in 1986. today instead of 3 million people, we're dealing with 11 million people who are here illegally. and what congress is saying is the exact same deal, which is legalization first and then they're promising maybe some day in the future the border will be security. >> senate leaders took a crucial test vote on this plan
and stay here legally and bringing relief to the struggling economy. >> this will help the middle-class grow our economy and shrink our deficits and making sure every one pays taxes like everyone else. >> senators introducing a proposal to bolster security. border surge includes 700 miles of fencing with the addition of tens of thousands border agents and enforces a nationwide e- verify system and needs to be in place before illegal immigrants can apply for green cards. there is no indication whether it will fly before the july 4th recess. >> the current bill is a mess. it is repeating the same failed pattern we saw in 1986. >> instead of throw million we are dealing with len million. and congress is saying the same deal, legalization first and then promising maybe some day in the future the border will be secowered. >> senate leaders have a test on monday. and bring it close to cent votes, that's the target number they say will pressure the republican house to act as well. harris, back to you. >> elizabeth, thank you. >> we are on sarah watch. the family of a little girl who had
with our portfolio. i think while our economy is increasing and we love that. we have very low unemployment rate. i think everyone involved in the workforce are those who have e lowest skills are trooil to beef them up. so that degree we've been doing a lot of pirndz trying to figure out how to leverage individuals with lower skilled and a education opportunity that move that skill set as quickly as you can given that the market moves very rapidly. whether it is ged support programs particle individuals that don't have that high school diploma and move them into one year certificate program and on to 2 and 4 year later. i wanted to reiterate that i think the community based groups are critical as partners >> we had the america's cup for the first 3 days of september and the america's kidnap final events. in the time since early april i think the two the broadly our plans remain the same the two events we're working closely with is reacting to the boston marathon how we're going to manage this huge font based on the events there. there are subsequent announcement theirs not going to be st
and tree permits. there's quite a number of people coming to our desk the economy is growing so one the initiatives is to reduce that. we have peer internships. we have partnerships and we have some perspires with some of the nonprofit. and hopefully, they will become apprentices and journey man. the process of relishlt and the responsibility to private property owners who have done quite a bit of work around identifying trees and one of our initiatives is to transfer 3 thousand trees that are ready to go with a little bit of tree work. >> also within the department we've made it a priority to make sure that our staff takes advantage of training opportunities. and they're able to do their jobs better. and finally we're implementing an i t system to respond to service requests to monitor performs and allocate resources efficiently. we use that data to inform us how to do better and geter c.m.s. up and running and collecting first but using a lot of that data to help allocate our resources effectively >> so you're just skipping over the slide because we're running over here. >> jus
from the pope in just four weeks. the economy here is booming. it's the sixth largest in the world. but many have been left behind, millions still living in extreme poverty. >> even if brazil is one of the largest economies in the world, we have one of the biggest inequalities. >> reporter: the government has made concessions, rolling back a 20-cent fare hike in public transportation. but the demonstrations have only grown. >> we pay so much taxes and we don't have education, health, human rights. >> reporter: the protesters have surprised even themselves with their numbers, but there is no clear leader, no clear agenda, and so far tonight, no end in sight. miguel almaguer, nbc news, rio de janeiro. >>> and still ahead for us this evening, out of the classroom and in the field. real-life lessons part of an innovative new way of teaching and something remarkable happening for a lot of kids. >>> and later, high honors tonight for james gandolfini from the folks from back home. >>> we are back with our "education nation" report and what might be the definition of a teachable moment fo
that it reduces overcrowding on transit and saves the city money and improves the economy and these are benefits that we must extend to the full diversety over the coming years, the good news is that opening up the bicycling the cheapest ways. and but not free. the mayor of london as you may have heard is investing $1.5 billion, over the next ten year. >> in san francisco we are asking you not for $1.5, but we are asking for funding for the bicycle far beyond what you are spending at 0.46 percent of your budget, this is a shockingly low number. >> choosing to invest in bicycling is not a new separate burden, it is an essential way to address all of the goals particularly making muni faster and direct the staff to pursue the build out scenario today. >> thank you. >> paul galligar. followed by herbert winer. >> good afternoon, i live in knob hill and i moved here in november and if i could just provide a little antidote, or example for what kit was saying. first week i was here i sold my car, bought a bike, and that is how i have been getting around since. and while i think that san francisco is
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